ALGERIA
GDF Will Not Seek Renegotiation of LNG Prices
The French Economics and Trade Minister, Mme Edith Cresson, has confirmed that Gaz de France (GDF) will not seek a renegotiation of the pricing terms of its agreement with the Algerian national oil company Sonatrach for the purchase of liquefied natural gas (LNG) in the second half of 1985, although it is contractually entitled to do so. Last year, when Sonatrach and GDF reached agreement on a 5-10% flexibility in GDF's...
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